The advent of summer and economic stimulus plans have made a positive improvement in both Holladay home sales and Holladay home values.  The graph below illustrates Holladay home sales per quarter, the median home price and the number of homes listed.  The median home price has bounced back from a four year low last quarter and is hopefully stabilized. There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate.  For...

In order to reduce the number of foreclosures, which have been on the rise recently, Pres. Obama introduced a plan to make homes more affordable. It offers [Profile.market] homeowners the chance to either modify their home loan or refinance it. They will then be able to get a fixed-rate mortgage at a 2% interest rate. Here are a few major points from the bill that will affect homeowners the most. #1 - It is no longer necessary to have at least 20% equity built up in your [Profile.market] home,...

You must have heard about the term Buydown Mortgage and often wondered what it means. This article aims at providing you comprehensive information about what Buydown mortgage in [Profile.market] is all about. Read on to know more. What is Buydown Mortgage in [Profile.market]? Mortgage buydowns are programs where the mortgage payments include both principal and interest. Due to this reason as and when each payment is made by you your mortgage balance becomes smaller and not higher. Payments are

Now, during the recession and what is called the credit crunch, the lending practices of banks have changed. In order to get a home in the [Profile.market] real estate market it's important to stay abreast of how the recession will impact your ability to get a mortgage. Here's how things have changed. Remember that the [Profile.market] real estate market is a very promising market to live in. If some adjustments need to be made because of the financial circumstances of the economy, it's well...

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